J. Batts & Co. (JBC) is a small business that is both a monopolist and a monopsonist. It produces bat traps using a rare mineral. JBC is the only producer of these traps and the only purchaser of the mineral. Demand for the company's traps is P= 107 -2Q, where P is the price JBC charges per trap and Q is the number of traps sold, in thousands of units. Supply of the rare mineral is m = 4 + 6X, where m is the price of one pound of the mineral and X is the amount of the mineral purchased, in thousands of pounds. JBC's production function is Q = 2X, so the marginal product of X is 2. JBC should purchase X = thousand pounds of the mineral and pay a price of m = $ per pound. (Enter your responses rounded to two decimal places.) JBC should produce and sell Q = thousand bat traps at a price of P = $ . (Enter your responses rounded to two decimal places.) Given the optimal values of X, m, Q, and P, the firm will make a profit of $ thousand. (Enter your response rounded to two decimal places.)